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I kept calling the guy. A24 - Crunchbase Company Profile & Funding First movies gonna be so exciting! And I remember everyone came back from that test screening. Buying and burying not-great movies isnt necessarily a problem if it grows the business without harming the brand. Hodges, who previously served as head of production at the indie production company Big Beach (Little Miss Sunshine), did not announce any immediate career plans. An Industry Arts Company. But I think in experiences since then, doing mid-budget or relatively low-budget movies, if you try to do a toned-down version of thatIve just seen it not work, again and again and again. Were passionate. Were gonna get there on time. "I'm thrilled to be joining the team at Jax,". Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Description. Katz: We broke the record that weekend. Your vision is incredible.. 2023 Deadline Hollywood, LLC. The company may be a lovely acquisition target for a buyer seeking an arthouse pipeline,but A24 is still building itself as a brand one that is synonymous with quality. GQ Style. Since then his contributions to growing the company have been invaluable and we cant wait to see what he does next., Added Hodges, I am incredibly proud of the company we created and of the amazing team at A24 that has been integral to its success. Ad Choices. We sit in. And we still have a great relationship now. [Sofia] was like, Oh, will you at least partner with Harvey? We were like, No!. Anything in between is dead in the water. Im glad it all worked out. Aizenberg: That Oscar-nomination morning, I remember walking into the office that day, and I was like, Please, dear God, just let Amy and Brie get nominated. At the time of my visit, however, A24 still looked more like a startup than a movie studio, and you could find the countrys fastest-growing film companys actual HQ only by following the flimsy paper signs that had been taped up along the 17th-floor hallway outside its headquarters. (Blindsided teens, many of whom had been intrigued at the thought of seeing former Disney star Selena Gomez in a more mature performance, assailed the Internet with complaints that they had paid to see the Worst Movie Ever Made.) II was tasked. The latest is Hereditary, the debut film of Ari Aster that premiered at Sundance and is quickly earning a reputation as one of the scariest movies ever. Essie Davis is insanely good as a single mother on the brink of a mental breakdown as she attempts to care for her troubled young son. I felt like we were all on the same team. They rented some office space in Manhattan. No one cared about our language or our clothes. You know, theyre big-time. You could tell that they wanted to be great. In the last few years, there have been a spate ofindie horror films that have broken into the mainstream. The photo has been replaced. If I had to guess, Id wager that Hodges was simply ready to move on after reaching the top of the mountain winning Best Picture for Moonlight. And integral and critical for the film to rise on its own feet. . Lets run there. They kept shutting us down. Place Beyond the Pines, wed worked with the producers before. The Hollywood Reporter is a part of Penske Media Corporation. Agent. Heavey: People were, like, crying. Katz: Tuesday morning, I remember, we had a little whiskey for him. No one in the office is older than 42, including co-founders John Hodges, David Fenkel, and Daniel Katz. So I suppose the question now surrounding A24 is what Fenkel and Katz plan to make of it. Its first release was A Glimpse Inside the Mind of Charles Swan III in 2013, followed by Spring Breakers later that year. A24 Founding Partner John Hodges to Exit - The Hollywood Reporter And theyre aiming at them. No!. If its gonna be released the same way by another company, we usually dont go after it. The world opened itself up. And it satisfied something they werent getting. A24 was founded in 2012 by Daniel Katz, David Fenkel and John Hodges. Beth was also the first A24 movie since its inaugural release, the Charlie Sheen-starring A Glimpse Inside the Mind of Charles Swan III, not to receive a fresh score on Rotten Tomatoes. By subscribing, I agree to the Terms of Use and Privacy Policy. In this newly created role, Hodges will be tasked with overseeing and growing all of Jax Medias film projects. I legitimately watched people almost pass out. Katz: I was very concerned that people were gonna think Room kind of stepped into shit and got lucky with awards. But we said, Lets invest in it. Theres a difference. I think my sisters still only seen one A24 movie: Spring Breakers. But A24 has the money to acquire a steady slate of releases, the model to support them, and the chutzpah to make nearly each one into a mini-phenomenon. Hodges, along with Katz and Fenkel, largely shunned the spotlight, giving few interviews even as A24 made a name for itself by releasing edgier, filmmaker-driven fare from directors such as Lenny Abrahamson, Alex Garland, and the Safdie Brothers. And David cannot stop perspiring. Leave it to Jim Jarmusch to make the coolest vampire movie ever. 10001 NEW YORK, USA. Dede Gardner (producer, Plan B, Moonlight): When we and Barry said it was absolutely critical that we shoot in Miami, they said, Of course it is. And you know, many, many others wouldve said, Well, you can get the rebate if you go to Atlanta. But anyone whos read it knows that Liberty Square and that particular light and that particular culture was a character. Spring Breakers had a whole Oscar campaign: Consider This Shit.Zoe Beyer. Franco: I hope they dont get too big that they forget what got them started. Or a director. TV production powerhouse Jax Media is expanding into film and tapped John Hodges, one of the founding partners of A24, as its new head of film. I think he was in Hawaii on his honeymoon or something while it was all going down, so I felt terrible. Fenkel: Id love to say from the first cut we knew. Were good. I Just Raised The Oscar At Them. On the most literal level, an A24 film is budgeted from anywhere between $1 million (Obvious Child) and $20 million (A Most Violent Year). How great it was. The indies can be liquid and fluid. A24 may be growing fast, but no one has displayed greater agility in navigating the waters of a business that constantly seems to be changing course. Wanna follow A24 (company)'s net worth? I won, I think, L.A. Film Critics and maybe one other. I actually tied with Jared [Leto], who obviously won the Oscar that year, for L.A. Film Critics. Probably the best place to screen-test the movie. Like Under the Skin, Locke, Enemy. Beyer: Alicia VikanderI think she read about it, or she saw this photo of her that was being used. Over the past six years I have been fortunate to work with a diverse group of talented storytellers across film and TV and look forward to continuing those collaborations in my future endeavors, added Hodges. we don't have a good idea of their yearly revenue either as the most recent stats were from 2012 estimating around $20 million, but that wasn't putting into account pure profit only the overall gross of all the films released that year. Logo by GrandArmy Photos via A24. BREAKING: John Hodges, one of the founding members of A24, has announced his departure from the production and distribution studio to focus on future opportunities. Fenkel: But it was like, Youre not going to be 20 minutes late for Scott Rudin. So you ran. Selena and Ashley had no issue with this. I just Heavey: He didnt really use a computer. Katz: Some of it was probably misplaced, dont you agree? When it happens again and again, thats very, very intelligent work and planning. And I was with a bunch of friends, and we were in the south of Italy, and we were driving into Rome and I kind of had this moment of clarity. It was crazy. Who are A24 - the company behind Uncut Gems, Euphoria and Hereditary? And when youre a loser, you think for a split second, Maybe they got it wrong. I think that was Nicolette, actually: Consider This Shit.. Love that movie. When it wasnt us. And you can really see over the past few years, it really, really hasnt at all. How do we get Spring Breakers? And then Noah got Spring Breakers. And, I mean, there was one moment in the movie when my character was booed and hissed so vociferously, I felt as though I was in a Roman arena and my life was at stake. Jax Media Taps A24 Co-Founder John Hodges as Head of New Film - Variety Four short years later, the companys first original production, Barry Jenkinss Moonlight, won the Academy Award for Best Picture. And I think A24 and companies like that areyou know, people want to go to the cinema. A24 co-founder John Hodges to depart - IMDb When historians of the future try to pinpoint the precise moment that the film industry crawled out of its deathbed and back onto its feet, theres a good chance theyll land somewhere in March 2013, when a fledgling distribution company called A24 Films transformed a Harmony Korine movie starring a cornrowed James Franco into a genuine cultural event. You know what? Trench coat was enough. It was millions in one day. TV production powerhouse Jax Media is expanding into film and tapped John Hodges, one of the founding partners of A24, as its new head of film. And it was on the A24 [motorway]. The exceptionand basically the only part of A24 that has any public profile at allis the companys social media presence. They didnt have a ton of movies, you know? A24 Founder John Hodges To Part Ways With The Company An A24 film has an affinity for subverting a celebritys established persona. Igoe: That morning was crazy. This field is for validation purposes and should be left unchanged. Did Moonlight just win Best Picture?. We had a good history. Saulnier expertly contains conflict, depth and gore within small confines. Signup for Breaking News Alerts & Newsletters. A24 Net Worth & Earnings (2023) Fenkel: Well, it wasnt a heartbreak, because they wouldnt actually call us back. The company said he will exit to focus on future opportunities, but did not clarify beyond that statement. Moonlight we hadnt seen yet. But I do remember finally looking over, because I didnt know where they were sitting, and I spotted Dan Katz and Dave Fenkel, and, man, the smile on their faces! Theres music labels I can think of as well. We want to go two thousand screens. A24 Films - Production List | Film & Television Industry Alliance When the film comes out in early 2016, it will arrive exclusively in theaters, and its trial by fire will be exclusively in theaters. It was like being in some kind of arena. [23], On March 26, 2018, co-founder John Hodges announced that he was exiting the company. Apply Bed Bath and Beyond Coupon and save 25% Off your entire purchase, Target Circle: up to 50% Off with Target promo code, Save 25% on your purchase of Spring Styles with Asos Coupon, Michael Kors Promo Code: sign up for KORSVIP + Get 10% Off on First Order, 2023 Cond Nast. Jeremy Kleiner (producer, Plan B, Moonlight): It wasnt like, Oh, this is low-hanging fruit, lets grab on to this one. It was a passionate embrace of the movie. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Fenkel: I think we had to sell them on, like, Hey, were gonna push this thing.. ALL RIGHTS RESERVED | TERMS OF USE|SUBSCRIBE|CONTACT. Zoe Beyer (marketing, A24): Spring Breakers had a whole Oscar campaign. Moonlight is nominated for eight Academy Awards, including Best Picture, Best Director, and Best Supporting Actor, but loses Best Picture to La La Landwait, what? Aizenberg: Remember he didnt show up to the premiere? We werent a fully formed company yet. In 2023, A24 became the most nominated single studio of that year's awards with 18 total nominations between 6 of its films (Everything Everywhere All at Once (11 nominations, the most nominated film of that year's awards, including Best Picture), The Whale (3 nominations), Aftersun, Causeway, Close, and Marcel the Shell with Shoes On (each with 1 nomination)).[5]. John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. Fenkel: We test-screened [Spring Breakers] in downtown Manhattan. The bottom line is that there were 677 new releases in 2013, and that number is only getting bigger. And on some level, honestly, I was afraid to go out on my own and try to make it work. And then its like on the biggest stage, I didnt thank anybody! Over the past six years I have been fortunate to work with a diverse group of talented storytellers across film and TV and look forward to continuing those collaborations in my future endeavors.. Notable guests on the show have included Bo Burnham, Paul Schrader, Sofia Coppola, Alia Shawkat and Martin Scorsese. John has been a trusted partner who helped conceive A24 and for that we will always be grateful. But A24, it became clear when I spoke to the companys employees, saw Spring Breakers as a Trojan horse for progressive cinemathe company less concerned about the nine kids who found the film too weird than they were the one kid who went home and rented Gummo. And it was like. While there is speculation in the trades that A24 may be on the block, I get the impression that sale rumors are just that rumors. You want to have a grown-up conversation about the best way to get your work to the people who would spend money to see it, Abrahamson concludes. Beyer: I remember when we had Room, like, six months after Ex Machina or something, Fenkel was like, Whats the Tinder for Room? And I was like, No, no! That was just acting! It was not like being in a cinema. Production Company. IFC earned a raft of Oscar nominations when it decided to put its muscle behind Boyhood and transform it into a phenomenon, but dumping all of its eggs into one beautifully textured basket helped to underline the paucity of love that most indies receive from their distributors, who ferry them from festivals to home video with all the solemn purpose of Charon taking passengers across the river Styx. Photo illustration by Lisa Larson-Walker. Sacco: To engrave the Spring Breakers logo onto the glass-gun bong. Surely theyve learned by now that theres a ceiling for arthouse films these days. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. And so anytime you speak with someone whos not a pure accountant, is not a pencil pusher? They dont have the personality of movie executives. It would cost too much to buy Mississippi Grinda fighting chance in theaters, so the film is making its way into the world through 20 million smaller screens rather than a few dozen large ones, and more viewers will have a chance to appreciate it as the sublime hangout movie that it is. [16] The company, with cooperation from Bank of America, J.P. Morgan & Co. and SunTrust Banks, also raised its line of credit from $50 million to $125 million a month later to build upon its operations. A24 Founder John Hodges To Part Ways With The Company Jenkins: I just would never allow myself to believe that something I made could win Best Picture. Other indie labels, like Megan Ellisons Annapurna Pictures (which co-produced Spring Breakers), tend to go in the other direction, releasing a minuscule handful of movies into the currents of Oscar season in the hopes that the waters will carry them toward a crowd. Katz: And we were all like, You know what? The companys best known movies include Ex Machina, Room, The Witch, Amy and Moonlight, which won the 2016 Academy Award for best picture, best adapted screenplay and best supporting actor for Mahershala Ali. [He won at least six.] There has been speculation for the past six months that the company is for sale. [11][12], In September 2013, A24 entered a $40 million deal with DirecTV Cinema, where DirecTV Cinema would offer day-and-date releases 30 days prior to a theatrical release by A24; Enemy was the first film to be distributed under the deal. Fenkel: So hes booking, what, fifteen hundred screens? We get credit for it even when we have nothing to do with it. Im dying. In pretty decent seats, actually. I felt bad that David had to be put through that. Then he had this very high-tech, nuanced process, which was printing out a spreadsheet, and then when he would book a theater, he would write it down on the spreadsheet, and then when the spreadsheet was full, hed push it over from his desk to my desk. Well handle it! And if it works, its them; if it doesnt work, its all your fault anyway. A24 will. Everybody was talking a few years ago how cinema had died. "I'm thrilled to be joining the team at Jax,". A24 typically pays a bit more for these movies than it does the ones the it buys itself, andlike most VOD content providersit doesnt make its grosses public. I was thrilledwhen the news broke that A24 had acquired the domestic rights, and then gutted to learn that it was part of the DirecTV pact. The Oscar-nominated actor gives us his all-time favorites of film. We allowed them to come on set to see what was happening, and they in turn were sharing their release plans and their marketing materials, and we were commenting on that. That shift points to a greater move afoot at A24, as the company begins to develop its own projects from within. Pattinson: I mean, with Twilight, the first tour we did was literally going to suburban shopping malls and doing local-news stuff. You will be redirected back to your article in, Lionsgate Re-Ups Vice Chairman Michael Burns And COO Brian Goldsmith With Starz Transaction Looming, Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos, Dark Harvest: Casey Likes & Emyri Crutchfield Tapped To Star In MGM Horror Film, Robbie Amell & Stephen Amell To Star In Code 8 Sequel, Abby Miller Toplines Jess Plus None; Chiara DAmbrosio Joins Bandit; Bianca DAmbrosio Cast In Call Jane; Lawrence Kao, Kai Cech Star In The Longest Sleep- Film Casting Briefs, Rachael Ray Daytime Talk Show To End After 17 Seasons, Eyes $45.5M Opening In U.S., A Record For Rocky Spinoff Franchise & Amazon, SAG-AFTRA And Casting Directors Weigh In On Self-Tape Controversy, Oscar Winner Guillermo Del Toro On The Films That Lit His Fuse. Fenkel: And then I started saying, No way. Quite often you finish a film, he told me, youve had no contact with the distributor, you hand it to them, you get a quick look at the poster. Variety and the Flying V logos are trademarks of Variety Media, LLC. The Rover found a mentally deficient Robert Pattinson singing Keri Hilsons Pretty Girl Rock in the deserts of post-apocalyptic Australia. Franco: I would bet that [Alien] was one of the biggest, most popular Halloween costumes that year. And I think that really helped the movie. And we broke records. But youre in a tuxedo and everyone around you is older and theyre quiet Jenkins: It sucks, man, because of how it happened, none of us thanked them! And I remember hearing she was really upset. More recently, it expanded from being an acquisitions-only distributor to producing home-grown fare as well as branching into TV. Hollywood is run by accountants at this point. GQ may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. raised the Oscar at them. People had thought that entire part of the industry had just died. [14], In May 2015, A24 announced that it would start a television division and began producing the USA Network series Playing House, as well as working to develop a television series that would later become Comrade Detective, produced by Channing Tatum. It is currently unknown if this slate of films will have a theatrical release or be exclusive to Apple's Apple TV+ streaming service. The A24 intrigue: The men behind the mysteries - Student Life Its super inspiring. a24 john hodges net worth. And The Place Beyond the Pines. People are like, Oh, I would have green-lit that! Im like, Come on!, Sacco: We had been talking about finding a person to produce for a long time. When we started, we wanted it to be about the films and filmmakers, not us, Katz told the Hollywood Reporter at the end of 2013, and that culture remains evident in all aspects of their business. Fenkel: Look at The Witch. So everything had to be explained to me, and by the time it was explained, it was over. And then we drank a huge amount of red wine. Information. Katz: They were kind of comfortable with the Under the Skin release. James Franco (actor, Spring Breakers, The Adderall Diaries): This is one of the things theyre great at: taking something small and delicate and giving it the kind of support that other people cant. What are you working on? [25], On November 13, 2019, A24 entered into a premium cable television broadcast deal with Showtime Networks, covering all film releases through November 1, 2022. It Follows takes the horror trope of getting punished for having sex to a new level. I want to be A24, he said. When your audience does the work for you. Hes not gonna be able to do this right now. Our first release. Sacco: I show up at the airport. Ainzenberg: I remember I went and had to meet with Selena Gomezs team to prove that we were real people and we were gonna be legitimate in releasing the film. Earlier this year I was drinking in a hotel bar with the head of another distribution company at a film festival. Uncut Gems ($50 million). Producer: Safety Not Guaranteed. Katz: We have a better relationship with him now. But then when we started to screen the film at Sundance and saw the audience reactions, it was clear that there was a much larger audience for this movie than any of us thought. A24 has only managed to turn each of its main-slate films into an event because the companys been ruthless and visionary when it comes to determining the difference. We just had to catch up to that idea. I think theatrical will always be there, but most of my biggest experiences of cinema have been in front of a TVno one was screening Fellini films in Ireland when I was 19 or 20.. If the cost of helping great movies find their theatrical audiences and lure them into theaters is to release other great movies that audiences have to find for themselves, thats probably a price most of us are willing to pay. Discover Johnny Hodges's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. That suits a company whose websites About page consists of nothing beyond an Eadweard Muybridge plate of a cockatoo flapping its wings. Aizenberg: We had a couple movies in there that we tried to force into making, like, event-y theatrical, and they werent. Katz: Yeah! In 2012, Fenkel, Hodges, and Katz left their jobsat Oscilloscope, Big Beach, and Guggenheim Partners, respectivelyto start A24. The monster at the center of The Babadook is a personal demon, not a literal one. It was such an out-of-body experience. Said Korine: They saw that marketing was a creative act that could be entertaining in and of itself. Wouldnt call us back. And it was the hair and makeup people. And A24 was the place that took the risk. Also Read: Sundance, SXSW Comedy 'Never Goin' Back' Sells to A24, John has been a trusted partner who helped conceive A24 and for that we will always be grateful, the studio said in a statement. A24 thinks hard about the landscape of distribution, and they think hard about the models, and the models are changing. When you can get a distribution company that likes the film for the same reasons that people that made it like the filmIve found that rare. Fenkel: And we had a booker at the time, this big old school guy, gentle giant, hes a sweet guy, but kind of a gangster, but levels of, like, cool gangster. Kleiner: They had the movie, I want to say, 22, 23 weeks in theatrical release? I think we all were kind of a bit shell-shocked. Apple Not Buying A24, but Silicon Valley Increasingly - IndieWire Community content is available under CC-BY-SA unless otherwise noted. The division of labor is clear, but there arent any titles for the companys employees, who all work elbow to elbow in a single room. A24 Founding Partner John Hodges to Exit - TheWrap Since then his contributions to growing the company have been invaluable and we cant wait to see what he does next, said A24 in a statement. A24 is an American independent entertainment company founded on August 20, 2012, by Daniel Katz, David Fenkel, and John Hodges and based in New York City. Sure, were talking about an aggressively uncommercial director whose previous feature was called Trash Humpers, but the success of Spring Breakersand how it was achieveddemonstrated that theres still an audience for the kind of challenging and essential medium-budget movies that most in the business left for dead. Jenkins: We shot for five weeks, and they came down during the first week. Whoa! Because theyd made a curated, awesome, crafted film. The outfit is new enough that the same people have been working there from the very beginning, and the consistency of their titles reflects that of their tastes. Steven Spielberg publicly predicted the implosion of the film industry, which is sort of like God telling you to brace for rain. Hodges had been an integral part of the studio since its inception in 2012, along with co-founders David Fenkel and Daniel Katz. If anything, it was the bastard stepchild at that point. [26], In July 2021, A24 reportedly explored a possible buyout for between $2.5 billion to $3 billion. John Hodges will be leaving A24 to pursue other opportunities, the indie distributor announced Monday. Greetings From the Vortex of Unpredictability, Robert Pattinson singing Keri Hilsons Pretty Girl Rock. Katz: I think if you had asked us beforehand, we would have said, you know, La La Lands gonna win. Garland: I didnt know what Tinder was until the festival. [27], A24 distributes and produces around 18 to 20 films a year. TV production powerhouse Jax Media is expanding into film and tapped John Hodges, one of the founding partners of A24, as its new head of film. The company also announced that they would also finance and develop pilots. Daniel Katz (co-founder, A24): We used to always talk about Oh, theres gotta be a better way.. Igoe: Even with Ex Machina at the time, we were getting bigger, but we still had that kind of start-up mentality that I dont know wed be able to get away with now. Eddie Guy. And even this public face represents the companys nonhierarchical structure: Thats only funny, Beyer once observed, because youre not quite sure whos saying it. I think I made out with my wife in front of people. This story appears in the summer issue of GQ Style. A24 co-founder John Hodges is exiting the indie companyto focus on future opportunities, he and the company jointly announced on Monday. 2023 Variety Media, LLC. Pattinson: Theyre definitely the place to be now. And, you know, partly as a filmmaker, youre like, My God! I open the curtains when Im in L.A., and everywhere I see films on billboards. Contrast that with its embrace of every grimy detail of demented dubstep nightmare Spring Breakers, for which the company went so far as to mount a sincere consider this sh*t awards campaign for James Franco. Worst case, youll get the trench-coat crowd. You know what the trench-coat crowd is? Garland: I would say that if Ex Machina had been distributed by a big studiothis isnt actually a criticism of studios; its actually just a statement of factthe film would not have been remotely as well received or successful as it was. Genre hounds stoked by the Sundance hype would surely seek it out, but Eggers extraordinary debutabout a family of early American pilgrims who get banished to the wrong forestwould never be given the opportunity to meaningfully connect with its audience and worm its way into the culture. Gif excerpt from the film Slow West via A24 Films. Its such a really fucking well-executed movie. For a start, it was founded on the wrong coast - New York, not Los Angeles - by three relatively young arthouse film executives, Daniel Katz, David. John. It could be the CEO or an intern.. The Little Movie Studio That Could - The New York Times Thats completely nuts. Scott didnt say anything. So when I saw that, I was like, Okay, those guys, they know what they are doing.. Fenkel: Do you have to be a genius to do Sofia Coppolas movie, or Harmonys? The news of Hodges exit was abrupt, but one source said the move has been in the works for some time. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Sundance, SXSW Comedy 'Never Goin' Back' Sells to A24. The Bling Ring provoked Emma Watson to cast off the shadow of Hermione Granger and step into the pink Juicy Couture sweatpants of a spoiled teen criminal in contemporary Hollywood. For a medium-size film to succeed without a marketing blitz twice the size of its production budget, its not enough for it to be goodit has to have a hook.

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